Erste Group Bank Cuts Earnings Estimates for TotalEnergies

TotalEnergies SE Sponsored ADR (NYSE:TTE) – Investment analysts at Erste Group Bank reduced their FY2026 earnings estimates for TotalEnergies in a research report issued to clients and investors on Tuesday, May 12th. Erste Group Bank analyst H. Engel now forecasts that the company will earn $10.88 per share for the year, down from their previous forecast of $10.93. The consensus estimate for TotalEnergies’ current full-year earnings is $10.59 per share.

TotalEnergies (NYSE:TTE) last issued its earnings results on Wednesday, April 29th. The company reported $2.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.22 by $0.23. The business had revenue of $49.52 billion for the quarter, compared to analyst estimates of $44.58 billion. TotalEnergies had a net margin of 7.43% and a return on equity of 14.01%.

TTE has been the topic of several other reports. Weiss Ratings raised shares of TotalEnergies from a “hold (c)” rating to a “buy (b-)” rating in a research note on Friday, May 1st. TD Cowen reissued a “buy” rating on shares of TotalEnergies in a research note on Monday, April 20th. Kepler Capital Markets raised shares of TotalEnergies from a “reduce” rating to a “hold” rating in a research note on Thursday, April 23rd. Wolfe Research reaffirmed an “outperform” rating and issued a $83.00 price objective on shares of TotalEnergies in a research note on Wednesday, January 21st. Finally, Piper Sandler raised their price objective on shares of TotalEnergies from $74.00 to $92.00 and gave the company a “neutral” rating in a research note on Thursday, March 12th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, TotalEnergies presently has an average rating of “Moderate Buy” and a consensus target price of $84.33.

TotalEnergies Stock Down 0.5%

Shares of NYSE TTE opened at $92.97 on Wednesday. The firm has a market cap of $222.92 billion, a PE ratio of 13.77, a P/E/G ratio of 3.32 and a beta of 0.14. TotalEnergies has a 12-month low of $57.26 and a 12-month high of $94.17. The company’s fifty day simple moving average is $89.27 and its 200 day simple moving average is $75.86. The company has a quick ratio of 0.85, a current ratio of 1.08 and a debt-to-equity ratio of 0.41.

Institutional Trading of TotalEnergies

Large investors have recently added to or reduced their stakes in the stock. MGO One Seven LLC increased its stake in shares of TotalEnergies by 1.3% in the fourth quarter. MGO One Seven LLC now owns 10,410 shares of the company’s stock worth $681,000 after purchasing an additional 137 shares in the last quarter. Clear Creek Financial Management LLC increased its stake in shares of TotalEnergies by 2.4% in the fourth quarter. Clear Creek Financial Management LLC now owns 6,334 shares of the company’s stock worth $414,000 after purchasing an additional 150 shares in the last quarter. World Investment Advisors increased its stake in shares of TotalEnergies by 2.0% in the first quarter. World Investment Advisors now owns 8,448 shares of the company’s stock worth $771,000 after purchasing an additional 165 shares in the last quarter. Bruce G. Allen Investments LLC increased its stake in shares of TotalEnergies by 4.5% in the third quarter. Bruce G. Allen Investments LLC now owns 3,919 shares of the company’s stock worth $234,000 after purchasing an additional 167 shares in the last quarter. Finally, Sigma Planning Corp increased its stake in shares of TotalEnergies by 2.3% in the first quarter. Sigma Planning Corp now owns 7,577 shares of the company’s stock worth $690,000 after purchasing an additional 169 shares in the last quarter. Hedge funds and other institutional investors own 16.53% of the company’s stock.

TotalEnergies Company Profile

TotalEnergies SE (NYSE: TTE) is a French multinational integrated energy company engaged across the full energy value chain. Founded in 1924 as Compagnie Française des Pétroles, the company grew through a series of mergers and expansions—most notably with Petrofina and Elf Aquitaine around the turn of the millennium—and rebranded to TotalEnergies in 2021 to reflect a broader focus on multiple energy sources. It is organized to operate across upstream and downstream activities while pursuing a transition toward lower-carbon energy solutions.

In upstream, TotalEnergies explores for and produces crude oil and natural gas globally.